500.com Limited (WBAI)’s Trend Up, Especially After Today’s Strong Session

The stock of 500.com Limited (NYSE:WBAI) is a huge mover today! The stock increased 3.78% or $0.36 during the last trading session, reaching $9.89. About 419,545 shares traded or 755.97% up from the average. 500.com Limited (NYSE:WBAI) has declined 17.50% since August 14, 2018 and is downtrending. It has underperformed by 17.50% the S&P500.
The move comes after 6 months positive chart setup for the $425.03M company. It was reported on Aug, 14 by Barchart.com. We have $10.58 PT which if reached, will make NYSE:WBAI worth $29.75 million more.

More notable recent 500.com Limited (NYSE:WBAI) news were published by: Pbs.org which released: “Here are 7 of the best films of 2017 – PBS NewsHour” on December 29, 2017, also Prnewswire.com with their article: “500.com Limited Files Annual Report on Form 20-F for Fiscal Year 2017 – PR Newswire” published on April 30, 2018, Benzinga.com published: “26 Stocks Moving In Friday’s Pre-Market Session – Benzinga” on June 21, 2019. More interesting news about 500.com Limited (NYSE:WBAI) were released by: Seekingalpha.com and their article: “Yirendai: Leaked Internal Emails Raise Much Deeper Concerns – Seeking Alpha” published on January 31, 2017 as well as Prnewswire.com‘s news article titled: “500.com Limited Announces Acquisition of Shares of MelcoLot Limited – PR Newswire” with publication date: May 29, 2017.

500.com Limited provides online sports lottery services in the People's Republic of China. The company has market cap of $425.03 million. It operates as an aggregator and processor of lottery purchase orders from its registered user accounts. It currently has negative earnings. The firm offers a suite of online lottery services, information, user tools, and virtual community venues.

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